Home prices: Biggest rise since housing bubble By Chris Isidore @CNNMoney March 26, 2013: 11:26 AM ET Home prices posted their biggest gain since 2006 in January. NEW YORK (CNNMoney) Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales. The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006. “This marks the highest increase since the housing bubble burst,” said David Blitzer, chairman of the index committee at S&P Dow Jones Indices. Related: 5 best markets to buy a home In a separate government report Tuesday, new homes sold at a 411,000 annual rate in February, down nearly 5% from the January sales pace but up 12% from year-earlier levels. The typical price of a new home sold in the month was $246,800, up about 3% from both the January and a year earlier. Joseph LaVorgna, chief U.S. economist for Deutsche Bank, said that bad weather in February could be partly responsible for the slowdown in sales. But he said market fundamentals suggest that the market for new-home sales should remain strong. “Despite the pullback in sales in February, the uptrend in housing remains clearly intact,” he said. He is forecasting even stronger sales in the second half of this year. The Case-Shiller report shows the recovery in home prices is widespread. All 20 markets posted a year-over-year gain, and the pace of increase picked up in every market except Detroit. Some of the markets hurt the most by the bursting of the housing bubble have enjoyed the biggest gains, led by a 23% rise in Phoenix. Prices were also up more than 10% in San Francisco, Las Vegas, Detroit, Atlanta, Minneapolis, Los Angeles and Miami, all markets that had been hit hard by foreclosures. New York posted the smallest rise, up only 0.7%. Even with the recent rise in home prices, the overall index is down 28.4% from the 2006 peak. Related: Big money betting big on housing But experts say they see a lot of strength in the current market. “The market still has a long way to go nationally, but the healing process — and a return to a normalized housing market — is definitely well underway,” said Jim Baird, chief investment officer for Plante Moran Financial Advisors. Home prices have been helped in recent months by a number of factors, including tight inventory of homes available for sale, near record-low mortgage rates and a drop in homes in foreclosure. A decline in unemployment is also helping the housing recovery. The housing recovery itself is helping support overall economic growth, as builders scramble to hire workers to meet the renewed demand. The lift goes beyond the impact of increased construction on the economy, as the rise in home prices lifts household wealth. Rising home prices also reduce the number of people owing more on their mortgages than their homes are worth. That, in turn, can help them to refinance those loans at a lower rate, freeing up money to spend on other goods and services.
Real Estate Agent Granby CT – 30-Year Fixed Mortgage Rates Up Slightly – Granby CT Real Estate Agent
30-Year Fixed Mortgage Rates Up Slightly Date:March 26, 2013 | Category:Finance | Author:Alexa Fiander Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.47 percent, up from 3.46 percent at this same time last week. The 30-year fixed mortgage rate hovered between 3.44 and 3.5 percent for the majority of the week, dropping to the current rate this morning. “Mortgage rates fell slightly early last week as markets reacted to economic uncertainty in Cyprus, but later rebounded as the country emerged with a bailout plan.” said Erin Lantz, director of Zillow Mortgage Marketplace. “This coming week, we expect some volatility related to political uncertainty in Italy, but with a shortened U.S. trading week, we expect the impact to be muted.” Additionally, the 15-year fixed mortgage rate this morning was 2.64 percent, and for 5/1 ARMs, the rate was 2.28 percent. What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state. *The weekly rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.
Enfield CT Realtor – Enfield Connecticut Real Estate & Enfield CT Homes for sale – Realtor Enfield CT
Enfield Connecticut Real Estate & Enfield CT Homes for sale Santa Realty is your best choice for all of your real estate needs From Wikipedia, the free encyclopedia Jump to: navigation, search Enfield, Connecticut — Town — Thompsonville Village of Enfield, Connecticut Flag Seal Location in Hartford County, Connecticut Coordinates: 41°58′30″N 72°32′58″W / 41.97500°N 72.54944°W / 41.97500; -72.54944Coordinates: 41°58′30″N 72°32′58″W / 41.97500°N 72.54944°W / 41.97500; -72.54944 Country United States State Connecticut NECTA Springfield, Massachusetts Region Capitol Region Incorporated (Massachusetts) 1683 Annexed by Connecticut 1749 Government • Type Council-manager • Town manager Matthew Coppler • Town Council Dist 3 & Mayor Scott Kaupin Deputy Mayor Kenneth R Nelson Jr District Councilmen Joseph Bosco, Dist 1 William Edgar, Dist 2 Clem Dumont, Dist 4 Council At-Large Patrick J. Crowley Carol Hall Vacant William F. Lee Cynthia Mangini Jake Keller Area • Total 34.2 sq mi (88.6 km2) • Land 33.3 sq mi (86.2 km2) • Water 0.9 sq mi (2.4 km2) Elevation 56 ft (17 m) Population (2010) • Total 44,654 • Density Bad rounding here1,300/sq mi (Bad rounding here500/km2) Time zone Eastern (UTC-5) • Summer (DST) Eastern (UTC-4) ZIP code 06082 Area code(s) 860 FIPS code 09-25990 GNIS feature ID 0212332 Website www.enfield-ct.gov Enfield is a town in Hartford County, Connecticut, United States. The population was 44,654 at the 2010 census.[1] It is bordered by Longmeadow, Massachusetts and East Longmeadow, Massachusetts to the north, Somers to the east, East Windsor and Ellington to the south, and the Connecticut River (towns of Suffield and Windsor Locks) to the west. Contents [hide] 1 History 1.1 Enfield Shaker village 2 Demographics 3 Industry 3.1 Top employers 4 Neighborhoods 5 Parks and recreation 6 Government and infrastructure 7 Education 8 Notable residents, past and present 9 Notable historical sites 10 Sister cities 11 See also 12 References 13 External links [edit] History Enfield was originally inhabited by the Pocomtuc tribe, and contained their two villages of Scitico and Nameroke. Enfield was settled in 1679 by settlers from Salem, Massachusetts. Enfield was incorporated in Massachusetts in 1683. In 1749, following the settlement of a lawsuit in which it was determined that a surveyor’s error placed a section of present-day Hartford County (including Enfield) within the boundaries of Massachusetts, the town seceded and became part of Connecticut.[2] Jonathan Edwards preached his famous sermon, “Sinners in the Hands of an Angry God“, in Enfield. It was part of the Great Awakening revival that struck New England in the mid-18th century and spread throughout Western North American civilization. The modern town of Enfield was formed through the merging of Enfield, Thompsonville, and Hazardville, named for Colonel Augustus George Hazard (1802–1868), whose company manufactured gunpowder in the Powder Hollow area of the town from the 1830s to the 1910s. In the 1989 film Glory, boxes of gunpowder can be seen with the words Enfield, CT printed on the sides. In an episode in the 1970s police drama Hawaii Five-O, Jack Lord’s character Steve McGarrett traces explosives back to “The Hazard Gunpowder Company- Enfield, CT”. The capacity of the mill at the time of the Civil War was 1,200 pounds (540 kg) per day.[2] Over 60 people died in explosions in Powder Hollow during the years when gunpowder was manufactured there. The mill blew up several times, but was set up so that if one building blew up, the rest would not follow in a chain reaction. The ruins of these buildings and the dams are open to the public. Powder Hollow is now home to baseball fields and hiking trails. King’s Island in the Connecticut River, previously known as Terry Island (or Terry’s Island, or Great Island),[3] was the location of pivotal meetings of Adventist Christians in 1872 and 1873.[4][4] [edit] Enfield Shaker village Enfield (CT) Shaker Village c. 1910 In 1793, a historic Shaker village, one of nineteen scattered from Maine to Kentucky, was established in the town. The Utopian religious sect practiced celibate, communal living, and is today renowned for its simple architecture and furniture. Membership eventually dwindled, however, and the village disbanded. The property has since been redeveloped by the Enfield Correctional Institution, still located on Shaker Road. Enfield (CT) Shaker Village The presumption that Enfield was named for the Enfield area of London is incorrect. According to Dr. Frank Taylor, a noted historian of the town, Enfield was named, in a pattern similar to its neighboring towns of Springfield, Massachusetts (once Northfield) and Suffield, Connecticut (once Southfield). The neighborhood of Old Enfield in Austin, Texas is a namesake of Enfield, Connecticut, largely named by the family of Elisha M. Pease. former governor of Texas who was born in Enfield, and whose great-great grandfather helped found Enfield as part of Massachusetts in the late 17th century. [edit] Demographics See also: List of Connecticut locations by per capita income According to the United States Census Bureau, the town has a total area of 34.2 square miles (88.6 km2), of which 33.3 square miles (86.2 km2) is land and 0.93 square miles (2.4 km2), or 2.76%, is water.[1] As of the census[5] of 2000, there were 45,212 people, 16,418 households, and 11,394 families residing in the town. The population density was 1,354.3 people per square mile (523.0/km²). There were 17,043 housing units at an average density of 510.5 per square mile (197.1/km²). The racial makeup of the town was 89.74% White, 5.61% African American, 0.20% Native American, 1.34% Asian, 0.02% Pacific Islander, 1.57% from other races, and 1.54% from two or more races. Hispanic or Latino of any race were 3.74% of the population. There were 16,418 households out of which 31.1% had children under the age of 18 living with them, 55.7% were married couples living together, 10.2% had a female householder with no husband present, and 30.6% were non-families. 25.0% of all households were made up of individuals and 9.5% had someone living alone who was 65 years of age or older. The average household size was 2.53 and the average family size was 3.04. In the town the population was spread out with 22.6% under the age of 18, 7.6% from 18 to 24, 34.2% from 25 to 44, 21.9% from 45 to 64, and 13.7% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 110.2 males. For every 100 females age 18 and over, there were 112.7 males. The median income for a household in the town was $52,810, and the median income for a family was $60,528. Males had a median income of $42,335 versus $31,082 for females. The per capita income for the town was $21,967. About 2.8% of families and 4.0% of the population were below the poverty line, including 3.4% of those under age 18 and 5.7% of those age 65 or over. Voter registration and party enrollment as of October 25, 2005[6] Party Active voters Inactive voters Total voters Percentage Democratic 9,137 200 9,337 34.67% Republican 4,765 312 5,077 18.85% Unaffiliated 11,997 497 12,494 46.40% Minor Parties 21 0 21 0.08% Total 25,920 1,009 26,929 100% [edit] Industry Enfield was home to the U.S. headquarters of Danish plastic building toy manufacturer Lego, which was also the town’s largest employer. In June 2006, the company announced that they would be laying off over 290 employees and begin outsourcing jobs to Mexico. Hallmark Cards is the town’s second-largest employer. Enfield was once the home to the headquarters of the Casual Corner clothing company. Formerly and most notably, Enfield had booming carpet and gunpowder industries. Orrin Thompson set up shop for the Bigelow-Sanford Carpet Co. in the Thompsonville section of town, employing many Swedish immigrants and building housing for them, which still stand today. The gunpowder industry was founded by Colonel Augustus Hazard. Hazard was instrumental in implementing water power and other technologies to allow his business to prosper. Hazard’s company was among the biggest gunpowder suppliers for the American Civil War. Enfield is currently the headquarters of Precision Camera and Video Repair. The town contains several shopping centers, including the Enfield Square Mall. [edit] Top employers According to Enfield’s 2011 Comprehensive Annual Financial Report,[7] the top employers in the city are: # Employer # of Employees 1 Mass Mutual 1,900 2 Hallmark Cards 750 3 Lego 500 4 3M 400 5 Brooks Brothers Group 400 6 Connecticut Department of Correction 311 7 Martin-Brower 250 8 Eppendorf 175 9 Specialized Technology Resources 125 [edit] Neighborhoods The neighborhoods of Enfield are: Enfield Historical District– Listed in the National Register of Historical Districts, the Enfield Historical District runs along Enfield Street/King Street (U.S. Route 5). Many old homes dating back to the mid-18th century were built from 1106-1492 Enfield Street. Varying styles of architecture are noted including Late Victorian, Georgian and 19th Century Revival. The Enfield Town Hall museum as well as one of the oldest Congregational Churches in America can be found here. Hazardville – Named after Colonel Augustus Hazard, this neighborhood encompasses a few smaller burbs, including Powder Hollow, and more recently, the center of Enfield began to encroach on this historical area. The center of Hazardville is located between the streets of Park Street and North Street on Hazard Avenue. Notable small shops include The Connecticut Valley Tobacconist, Gayle’s Thyme Herbal Apothecary, The Cranberry Scoop Gift Shop, Smoke n’ Leather, and numerous pizzerias. The Powder Hollow Park is located in the Hazardville neighborhood district. North Thompsonville – Contains mostly residential and partially commercial areas of Enfield with many parks and schools. Presidential Section – This entirely residential area contain streets that are all named after former presidents of the United States. Houses are mid-sized to large in this area. Presidential Section Scitico – located in the eastern end of town. Green Manor is considered part of Scitico. This is a suburb in the purest sense, with winding roads, sidewalks, a park, and cul-de-sacs. Green Manor is approximately 4.5 miles (7.2 km) from the main highway Interstate 91 and borders the town of Somers. Across from Nathan Hale Elementary School is a residential park with tennis court, skate boarding ramps, and a playground for younger kids. Green Manor Park contained a pool at one time but was removed due to the lack of maintenance by the town. Shaker Pines – This neighborhood consists mostly of quaint lakeside houses with tall pine trees towering overhead. Shaker Pines was originally part of the Shaker settlement in Enfield. The lake was built by the Shakers to power a mill. The mill stood vacant by the dam at the end of the lake into the late 1990s. This mill provided shelter for Frederick Merrill in 1987 after he escaped from the local high security prison. He was dubbed “The Peanut Butter Bandit” after his mother sneaked him supplies for his first prison escape in 1968 in a jar of peanut butter. The mill was subsequently torn down for safety reasons. Sherwood Manor Thompsonville Village Southwood Acres – A residential neighborhood in the south part of town. Thompsonville – Named after Orrin Thompson, Thompsonville is the town center of Enfield with a more urban environment. In the past few years, there has been an attempt to revitalize the downtown area.[8] On the southbound portion of Pearl Street there are many old Victorian houses. There are also many boat launches onto the bordering Connecticut River. Commuter rail service is expected to begin in 2013, and planning has started for renovating an old building into a train station and transportation hub on the proposed New Haven–Hartford–Springfield commuter rail line. Enfield and Thompsonville are currently served by the Connecticut Transit commuter bus services for easy access to and from Hartford. [edit] Parks and recreation Brainerd Park: on Brainard Road, features softball fields, children’s swing sets. Note the difference in spelling. Connecticut River Green Manor Recreational Area: off Taylor Road, features playscape, skate park Hazardville Park: off Hazard Avenue, features playscapes, basketball courts, covered picnic area Mark Twain Recreational Area: off South Road, features tennis courts, ball fields Scantic River State Park: near South Maple Street Bridge, rapids for canoeing and kayaking, fishing Enfield is home to the New England Lightning girls AAU basketball program. [edit] Government and infrastructure Connecticut …
Colebrook CT Realtor – Colebrook Connecticut Real Estate & Colebrook CT Homes for sale – Realtor Colebrook CT
Colebrook Connecticut Real Estate & Colebrook CT Homes for sale From Wikipedia, the free encyclopedia Jump to: navigation, search Colebrook, Connecticut — Town — Location in Litchfield County, Connecticut Coordinates: 42°00′05″N 73°05′04″W / 42.00139°N 73.08444°W / 42.00139; -73.08444Coordinates: 42°00′05″N 73°05′04″W / 42.00139°N 73.08444°W / 42.00139; -73.08444 Country United States State Connecticut NECTA None Region Litchfield Hills Incorporated 1779 Government • Type Selectman-town meeting • First selectman Thomas D. McKeon Area • Total 32.9 sq mi (85.2 km2) • Land 31.5 sq mi (81.5 km2) • Water 1.4 sq mi (3.8 km2) Elevation 961 ft (293 m) Population (2005)[1] • Total 1,540 • Density 49/sq mi (19/km2) Time zone Eastern (UTC-5) • Summer (DST) Eastern (UTC-4) ZIP code 06021 Area code(s) 860 FIPS code 09-16050 GNIS feature ID 0213410 Website http://www.colebrooktownhall.org/ Colebrook is a town in Litchfield County, Connecticut, United States. The population was 1,471 at the 2000 census. Colebrook was named after Colebrooke, in the English county of Devon. Contents [hide] 1 Geography 1.1 Principal communities 2 Demographics 3 Transportation 4 Notable locations 5 Notable residents 6 References 7 External links [edit] Geography According to the United States Census Bureau, the town has a total area of 32.9 square miles (85 km2), of which 31.5 square miles (82 km2) is land and 1.5 square miles (3.9 km2) (4.40%) is water. The Algonquin State Forest is located within the town. [edit] Principal communities Colebrook center North Colebrook Robertsville [edit] Demographics See also: List of Connecticut locations by per capita income As of the census[2] of 2000, there were 1,471 people, 566 households, and 419 families residing in the town. The population density was 46.7 people per square mile (18.0/km²). There were 656 housing units at an average density of 20.8 per square mile (8.0/km²). The racial makeup of the town was 97.01% White, 0.68% African American, 0.61% Asian, 0.88% from other races, and 0.82% from two or more races. Hispanic or Latino of any race were 2.45% of the population. There were 566 households out of which 32.2% had children under the age of 18 living with them, 65.2% were married couples living together, 5.1% had a female householder with no husband present, and 25.8% were non-families. 19.6% of all households were made up of individuals and 7.1% had someone living alone who was 65 years of age or older. The average household size was 2.60 and the average family size was 3.01. In the town the population was spread out with 24.5% under the age of 18, 4.2% from 18 to 24, 29.6% from 25 to 44, 27.5% from 45 to 64, and 14.1% who were 65 years of age or older. The median age was 41 years. For every 100 females there were 102.1 males. For every 100 females age 18 and over, there were 101.5 males. The median income for a household in the town was $58,684, and the median income for a family was $64,286. Males had a median income of $42,647 versus $35,987 for females. The per capita income for the town was $29,789. About 1.4% of families and 2.6% of the population were below the poverty line, including none of those under age 18 and 9.0% of those age 65 or over. Voter registration and party enrollment as of October 25, 2005[3] Party Active voters Inactive voters Total voters Percentage Democratic 299 8 307 27.36% Republican 267 10 277 24.69% Unaffiliated 503 30 533 47.50% Minor Parties 5 0 5 0.45% Total 1,074 48 1,122 100% [edit] Transportation The town is served by Route 8, Route 182, and Route 183. [edit] Notable locations Rock Hall (Colebrook, Connecticut), listed on the National Register of Historic Places. [edit] Notable residents Abiram Chamberlain (1837–1911), the 60th Governor of Connecticut was born in Colebrook. Donald Barr, (1921–2004), novelist, educator, and book reviewer for the New York Times, retired to Colebrook in the 1980s.[4] Jonathan Edwards (the younger) (1745–1801), theologian, lived and preached in Colebrook for four years. Short story writer Harris Merton Lyon lived in North Colebrook.[5] James Phelps (1822–1900), judge, Connecticut Representative and Senator, and US Congressman was born in town. Lancelot Phelps (1784–1866), US Congressman and father to James Phelps was a longtime resident. Ammi Phillips (1788–1865), artist, was born in Colebrook. Thomas Robbins (minister) (1777–1856), Congregational minister, bibliophile, and an antiquarian died in Colebrook. Julius Rockwell (1805–1888), judge and US Congressman for Massachusetts was born in town. [edit] References ^ U.S. Census Bureau Population Estimates ^ “American FactFinder”. United States Census Bureau. http://factfinder.census.gov. Retrieved 2008-01-31. ^ “Registration and Party Enrollment Statistics as of October 25, 2005” (PDF). Connecticut Secretary of State. Archived from the original on 2006-09-23. http://web.archive.org/web/20060923151511/http://www.sots.ct.gov/ElectionsServices/lists/2005OctRegEnrollStats.pdf. Retrieved 2006-10-02. ^ Saxon, Wolfgang (February 10, 2004). “Donald Barr, 82, Headmaster And Science Honors Educator”. The New York Times. ^ Max J. Puzel, The Man in the Mirror: William Marion Reedy and His Magazine, University of Missouri Press, 1998, pp. 256-259 [1]
Hartland CT Realtor – Hartland Connecticut Real Estate & Hartland CT Homes for sale – Realtor Hartland CT
Hartland Connecticut Real Estate & Hartland CT Homes for sale Santa Realty is a locally owned real estate company who can assist you with all of your real estate needs. From Wikipedia, the free encyclopedia Jump to: navigation, search Hartland, Connecticut — Town — Location in Hartford County, Connecticut Coordinates: 42°00′18″N 72°56′53″W / 42.00500°N 72.94806°W / 42.00500; -72.94806Coordinates: 42°00′18″N 72°56′53″W / 42.00500°N 72.94806°W / 42.00500; -72.94806 Country United States State Connecticut NECTA Hartford Region Litchfield Hills Incorporated 1761 Government • Type Selectman-town meeting • First selectman Wade E. Cole Area • Total 34.6 sq mi (89.6 km2) • Land 33.1 sq mi (85.7 km2) • Water 1.5 sq mi (3.9 km2) Elevation 531 ft (162 m) Population (2010) • Total 2,114 • Density Bad rounding here61/sq mi (Bad rounding here24/km2) Time zone Eastern (UTC-5) • Summer (DST) Eastern (UTC-4) ZIP code 06027 FIPS code 09-37140 GNIS feature ID 0213443 Website www.munic.state.ct.us/HARTLAND/hartland.htm Hartland is a town in Hartford County, Connecticut, United States. The population was 2,114 at the 2010 census.[1] Contents [hide] 1 Geography 2 Demographics 3 Site of interest 4 Notable residents 5 References 6 Further reading 7 External links [edit] Geography According to the United States Census Bureau, the town has a total area of 34.6 square miles (89.6 km2), of which 33.1 square miles (85.7 km2) is land and 1.5 square miles (3.9 km2), or 4.39%, is water.[1] Bounded on the north by the Massachusetts border, Hartland is drained by the Farmington River, a tributary of the Connecticut River. [edit] Demographics See also: List of Connecticut locations by per capita income As of the census[2] of 2000, there were 2,012 people, 707 households, and 583 families residing in the town. The population density was 60.9 people per square mile (23.5/km²). There were 759 housing units at an average density of 23.0 per square mile (8.9/km²). The racial makeup of the town was 98.31% White, 0.15% African American, 0.05% Native American, 0.60% Asian, 0.05% Pacific Islander, 0.20% from other races, and 0.65% from two or more races. Hispanic or Latino of any race were 0.60% of the population. There were 707 households out of which 38.9% had children under the age of 18 living with them, 70.9% were married couples living together, 8.5% had a female householder with no husband present, and 17.5% were non-families. 13.4% of all households were made up of individuals and 5.2% had someone living alone who was 65 years of age or older. The average household size was 2.83 and the average family size was 3.12. In the town the population was spread out with 27.3% under the age of 18, 5.1% from 18 to 24, 29.4% from 25 to 44, 27.5% from 45 to 64, and 10.6% who were 65 years of age or older. The median age was 40 years. For every 100 females there were 100.0 males. For every 100 females age 18 and over, there were 102.2 males. The median income for a household in the town was $64,674, and the median income for a family was $66,164. Males had a median income of $48,309 versus $31,321 for females. The per capita income for the town was $26,473. About 1.7% of families and 2.1% of the population were below the poverty line, including 0.6% of those under age 18 and 0.9% of those age 65 or over. Voter Registration and Party Enrollment as of October 25, 2005[3] Party Active Voters Inactive Voters Total Voters Percentage Republican 615 6 621 41.46% Democratic 337 5 342 22.83% Unaffiliated 523 9 532 35.51% Minor Parties 3 0 3 0.20% Total 1,478 20 1,498 100% [edit] Site of interest Hartland Historical Society & Museum [edit] Notable residents Asher Benjamin, architect Gary Burghoff, actor Uriel Holmes, congressman John Trumbull, artist [edit] References ^ a b “Geographic Identifiers: 2010 Demographic Profile Data (G001): Hartland town, Hartford County, Connecticut”. U.S. Census Bureau, American Factfinder. http://factfinder2.census.gov/bkmk/table/1.0/en/DEC/10_DP/G001/0600000US0900337140. Retrieved November 28, 2012. ^ “American FactFinder”. United States Census Bureau. http://factfinder.census.gov. Retrieved 2008-01-31. ^ “Registration and Party Enrollment Statistics as of October 25, 2005” (PDF). Connecticut Secretary of State. Archived from the original on 2006-09-23. http://web.archive.org/web/20060923151511/http://www.sots.ct.gov/ElectionsServices/lists/2005OctRegEnrollStats.pdf. Retrieved 2006-10-02. [edit] Further reading History of Hartland, Connecticut (1836) [edit] External links
Real Estate Company Granby CT – Home Values Performed 42 Percent Better When Located Near Public Transportation During Last Recession – Real Estate Brokerage Granby CT
Home Values Performed 42 Percent Better When Located Near Public Transportation During Last Recession Media Contact: Sara Wiskerchen / 202-383-1013 / WASHINGTON (March 21, 2013) – Location, location, location near public transportation may be the new real-estate mantra according to a new study released today by the American Public Transportation Association (APTA) and the National Association of Realtors® (NAR). Data in the study reveals that during the last recession, residential property values performed 42 percent better on average if they were located near public transportation with high-frequency service. “When homes are located near public transportation, it is the equivalent of creating housing as desirable as beach front property,” said APTA President and CEO Michael Melaniphy. “This study shows that consumers are choosing neighborhoods with high-frequency public transportation because it provides access to up to five times as many jobs per square mile as compared to other areas in a given region. Other attractive amenities in these neighborhoods include lower transportation costs, walkable areas and robust transportation choices.” “Higher home values reflect greater market demand for areas near public transportation,” said NAR Chief Economist Lawrence Yun. “Transportation plays an important role in real estate and housing decisions, and the data suggests that residential real-estate near public transit will remain attractive to buyers going forward. A sound transportation system not only benefits individual property owners, but also creates the foundation for a community’s long-term economic well being.” The study, The New Real-Estate Mantra: Location near Public Transportation, investigates how well residential properties located in a half-mile proximity to high-frequency public transportation or in the “public transit shed” have performed in holding their value during the recession compared to other properties in a given region. While residential property values declined substantially between 2006 to 2011, properties close to public transit showed significantly stronger resiliency. The following are a few examples from the study: In Boston, residential property in the rapid transit area outperformed other properties in the region by an incredible 129 percent. In the Chicago public transit area home values performed 30 percent higher than the region; in San Francisco, 37 percent higher; Minneapolis-St Paul, 48 percent; and in Phoenix 37 percent higher. The study looked at five regions, which illustrate the types of high-frequency public transit systems throughout the U.S. High-frequency public transportation includes subway (heavy rail), light rail and bus rapid transit. This sample accurately projects the nationwide average (42 percent) variance among properties located near high-frequency public transportation and those that are located further away from public transit. The following table provides examples of the impact of high-frequency public transportation in the five study areas. Comparisons to the public transit shed versus the region show that the public transit shed provides access in some instances to more than three times more jobs per square mile as compared to other areas in a given region. (Note: not shown in the chart below but living near bus rapid transit in Boston resulted in access to five times more jobs per square mile compared to the region.) The table also illustrates that transportation costs are reduced by up to $351 a month for households residing in the public transit shed. Access to # Jobs Per Square Mile Monthly Transportation Costs Public Transit Shed Region Public Transit Shed Advantage Public Transit Shed Region Public Transit Shed Savings Boston 170,334 57,563 2x more jobs $746 $1,097 $351 San Francisco 172,581 56,933 3x more jobs $746 $1,112 $346 Chicago 139,908 56,300 2x more jobs $775 $1,074 $300 Minn-St.Paul 132,132 37,484 3x more jobs $840 $1,164 $324 Phoenix 88,241 32,290 2x more jobs $1,006 $1,181 $175 “Stable property values in areas with public transit access have a number of policy implications,” said Melaniphy. “As Congress and state and local governments look for ways to accelerate economic growth, this study shows that investing in public transportation is a boon to revitalizing our economy.”“When consumers choose a home, they also choose a lifestyle. Shorter commutes and more walkable neighborhoods matter to a growing number of people, especially those living in congested metro areas,” said Yun. The American Public Transportation Association (APTA) is a nonprofit international association of 1,500 public and private sector organizations, engaged in the areas of bus, paratransit, light rail, commuter rail, subways, waterborne services, and intercity and high-speed passenger rail. This includes: transit systems; planning, design, construction, and finance firms; product and service providers; academic institutions; transit associations and state departments of transportation. APTA is the only association in North America that represents all modes of public transportation. APTA members serve the public interest by providing safe, efficient and economical transit services and products More than 90 percent of the people using public transportation in the United States and Canada ride APTA member systems. The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries. For additional commentary and consumer information, visit www.houselogic.com and http://retradio.com.
Real Estate Brokerage Granby CT – HouseLogic Helps Homeowners Get the Tax Breaks They’re Due – Real Estate Company Granby CT
HouseLogic Helps Homeowners Get the Tax Breaks They’re Due Media Contact: Michelle Wardlaw / 202-383-1042 / Tax season is underway, and homeowners gearing up to meet the April 15 filing deadline can find the tax tips and insights they need at HouseLogic.com, the award-winning comprehensive website for homeowners from the National Association of Realtors®. HouseLogic’s “Homeowner’s Guide to Taxes” can help filers take advantage of the tax benefits that come with homeownership while avoiding common home-related tax mistakes. “From the mortgage interest deduction to energy tax credits, many homeowners can take advantage of a variety of tax strategies that can lower their tax bill,” said Pamela Kabati, NAR senior vice president of communications and HouseLogic spokesperson. “For example, a family who bought a home last year with a $200,000, 30-year, fixed-rate mortgage, assuming an interest rate of 4.5 percent, could save nearly $3,500 in federal taxes when they file this year.” HouseLogic also offers tips to keep homeowners from making unnecessary mistakes on their taxes. “9 Easy Mistakes Home Owners Make on Their Taxes” identifies common errors like deducting the wrong year for property taxes, confusing the escrow amount for actual property taxes paid, and neglecting to take the private mortgage insurance deduction. Homeowners who make certain energy-efficient home improvements may be eligible for certain tax credits, and owners who had a portion of their mortgage forgiven as part of a workout plan, short sale, or foreclosure don’t have to pay income tax on the forgiven debt, provided the mortgage was secured by a principal residence and the total amount of the outstanding debt is not more than the original purchase price plus improvements. Among the tax questions you’ll find answers to at HouseLogic.com: • How to Deduct PMI • How to Deduct Mortgage Interest and Equity Loan Costs • How to Amend Your Tax Return • How to Claim Your 2012 Energy Tax Credits Homeowners should consult a tax professional for any advice applicable to particular transactions or circumstances; the information on HouseLogic should not be relied upon as tax or legal advice. HouseLogic is a free source of information and tools from the National Association of Realtors® that helps homeowners make smart decisions and take responsible actions to maintain, protect, and enhance the value of their home. HouseLogic helps homeowners plan and organize their home projects and provides timely articles and news; home improvement advice and how-tos; and information about taxes, home finances, and insurance. The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries. Information about NAR is available at www.realtor.org. This and other news releases are posted in the “News, Blogs and Video” tab on the website.
Top Realtor Farmington Valley – Buyers Value Storage Space, In-Law Suites, NAR Survey Finds – Top Broker Farmington Valley
Buyers Value Storage Space, In-Law Suites, NAR Survey Finds Media Contact: Leanne Jernigan / 202-383-1290 / Email Purchasing a home is an important life decision, and many factors can influence the home choices buyers make. The National Association of Realtors® 2013 Profile of Buyers’ Home Feature Preferences examines the features buyers prefer when it comes to purchasing a home, as well as the differences in preferences when it comes to factors such as region, demographics and household composition. The survey captures buyers who purchased a home between 2010 and 2012. “Deciding where to live comes with a lot of options, but buyers quickly realize that some features are more important than others when it comes to choosing the right house for them,” said NAR President Gary Thomas, broker-owner of Evergreen Realty, in Villa Park, Calif. “Buyers need to have a clear idea of what features are important to them and know where they are willing to compromise; in this respect, Realtors® can bring buyers home. Realtors® visit hundreds of homes with buyers each year, and have a unique understanding of what buyers value in their local markets.” Geography and demography strongly influence what buyers value in a home. The typical recently purchased home was 1,860 square feet and was built in 1996. Repeat buyers, buyers of new homes, married couples and families with children typically purchased larger homes. First-time buyers and single women tended to buy older homes. The typical buyer purchased a home with three bedrooms and two full bathrooms. Slightly over half of the homes purchased were on a single level. Southerners tend to buy newer homes; they were more likely to want a home less than five years old and in a wooded lot with trees when compared to other regions. Not surprisingly, buyers in the South also placed a higher importance on central air conditioning. While more than three-fourths – 78 percent – of all buyers purchased a home with a garage, garages were more popular among new-home buyers, Midwesterners, and suburbanites. Forty-one percent of homes purchased had a basement, but this feature was more popular among buyers in the Midwest and Northeast. Northeastern buyers also value hardwood floors more than people in other regions. Southerners typically bought the largest home at 2,000 square feet. Those in the Northeast followed closely behind with a typical home purchase of 1,850 square feet. Among buyers 55 and older, 42 percent considered finding a single-level home very important, compared to just 11 percent of buyers under age 35. Single women also placed higher importance on single-level homes, while single men wanted finished basements. Both single men and married couples placed higher importance on new kitchen appliances. Among all 33 home features in the survey, central air conditioning was the most important to the most buyers; 65 percent of buyers considered this feature very important. The next most important feature was a walk-in closet in the master bedroom; 39 percent of buyers considered this feature very important. Closely behind was having a home that was cable-, satellite TV-, and/or Internet ready, as well as an en-suite master bathroom. When it came to actually buying a home, among buyers who considered central AC and cable-, satellite TV-, and/or Internet ready very or somewhat important, 94 percent bought a home with these features. The next most common feature was an eat-in kitchen; 89 percent of buyers who thought this was important purchased a home with an eat-in kitchen. Buyers value some features so much that they are willing to spend more money to have them. Sixty-nine percent of buyers who did not purchase a home with central AC would be willing to pay $2,520 more for a home with this feature. Sixty-nine percent of buyers who did not purchase a home with new kitchen appliances would be willing to pay $1,840 more for a home with this feature. A walk-in closet in the master bedroom was the third most common feature on which buyers would spend more. Sixty percent of buyers who did not purchase a home with a walk-in closet would be willing to pay $1,350 more for a home with this feature. The features on which buyers placed the highest dollar value were waterfront properties and homes that were less than five years old. Thirty-two percent of buyers would be willing to pay a median of $5,420 more for a home on the waterfront, and 40 percent of buyers would be willing to pay a median of $5,020 more for a home that was less than five years old. The rooms that buyers were willing to pay the most for were a basement and an in-law suite. Thirty-three percent of buyers would be willing to pay a median of $3,200 more for a home with a basement, and 20 percent of buyers would be willing to pay a median of $2,920 more for a home with an in-law suite. When it came to rooms that buyers want in a home, 55 percent of buyers thought it was very important to have a living room, although buyers in the Northeast placed more importance on a home with a dining room. Buyers aged 55 and older placed more importance on a bedroom on the main level of the house. Buyers aged 35 to 54 placed more importance on a laundry room, while those with children placed more importance on a family room. The two most common rooms buyers were willing to spend more for were a laundry room and a den/study/home office/library. Sixty-three percent of buyers who did not purchase a home with a laundry room would be willing to pay $1,590 more for a home with this room. Forty-four percent of buyers who did not purchase a home with a den/study/home office/library would be willing to pay $1,920 more for a home with this room. Although 97 percent of recent buyers were satisfied with their home purchase, there are always features buyers would like that they don’t have, said NAR Vice President of Research Paul Bishop. “Most satisfied homeowners still said they would like more or larger closets and storage space. In addition, nearly half of recent buyers would prefer a larger kitchen, and two out of five would prefer a larger home overall.” Within three months of a home purchase, 53 percent of buyers undertook a home improvement project. The typical buyer spent $4,550 on various projects. Remodeling the kitchen was the most common home improvement project; 47 percent of buyers undertook a project in the kitchen. Bathrooms were a close second at 44 percent. Forty-one percent of buyers who made home improvements added or replaced lighting, and 37 percent added or replaced appliances soon after becoming a homeowner. In October 2012, a sample of households that had purchased any type of residence real estate during 2010 to 2012 and still owned the property was surveyed. The survey sample was drawn from a representative panel of U.S. households monitored and maintained by an established survey research firm. A total of 2,005 qualified households responded to the survey. Households were sampled to meet age and income quotas representative of all home buyers drawn from the 2011 NAR Profile of Home Buyers and Sellers.
Realtor Granby CT – Fed to Keep Rates Low, But for How Much Longer? – Broker Granby CT
Fed to Keep Rates Low, But for How Much Longer? Daily Real Estate News | Thursday, March 21, 2013 The Federal Reserve’s policy-making committee announced it will continue to hold down short-term interest rates, which in turn will help keep mortgage rates low. But there is question of how much longer the central bank will do this. The Fed said it will continue to buy $85 billion a month in Treasuries and mortgage-backed securities, but would reduce its asset purchase — known as “quantitative easing” — if job growth continues at its current pace. Last year, the Fed committed to holding short-term interest rates near zero for as long as unemployment remained above 6.5 percent. In February, the unemployment rate was 7.7 percent. Many economists don’t expect unemployment to drop to levels around 6.5 percent until 2015. However, Fed Chairman Ben Bernanke noted Wednesday that there is not consensus among the policy-making committee on how much longer to continue quantitative easing. The committee recognized progress in the economy and job growth in recent months, noting “a return to moderate economic growth following a pause late last year.” Bernanke has testified to Congress that quantitative easing has helped revive the housing market. Mortgage rates have fallen near all-time lows, with the average 30-year fixed-rate mortgage averaging 3.63 percent on March 14, according to Freddie Mac. In November 2012, 30-year rates fell as low as 3.31 percent. Housing is “coming back, it’s real, and it’s going to be a positive driver,” said Jeff Fettig, the chief executive officer of Whirlpool Corp., the world’s largest appliance maker. “For every 6 percent increase in existing-home sales you see a 1 percent demand increase in appliances.” Source: “Fed to Maintain Stimulus Efforts Despite Job Growth,” The New York Times (March 20, 2013) and“Bernanke Seen Keeping Up Pace of QE Until Fourth Quarter,” Bloomberg (March 20, 2013)
Farmington Valley Real Estate Company – Study: ‘Green’ Home Owners Less Likely to Default – Locally owned Granby CT real estate company
Study: ‘Green’ Home Owners Less Likely to Default Daily Real Estate News | Thursday, March 21, 2013 Owners of energy-efficient homes are one-third less likely to default on their mortgage, according to a new study released by the University of North Carolina at Chapel Hill Center for Community Capital and the Institute for Market Transformation. “Consumer and industry acceptance of energy efficiency is high,” says Roberto G. Quercia, one of the author’s of the study. “But the lack of broad consideration of potential energy savings in the mortgage underwriting process still prevents many moderate- and middle-income home buyers from fully enjoying the cost savings. Since our study findings now show that energy efficiency is strongly and consistently associated with lower mortgage lending risk, lenders and policymakers have one more reason to promote it.” Researchers evaluated 71,000 single-family home loans, originated between 2002 and 2012, from 38 states as well as the District of Columbia to assess the link between home energy efficiency and mortgage default risks. About 35 percent of the homes evaluated were Energy-Star rated for efficiency. “It stands to reason that energy-efficient homes should have a lower default rate, because the owners of these homes save money on their utility bills, and they can put that money toward their mortgage payments,” says Cliff Majersik, executive director of IMT. “We long believed this to be the case, and now this study proves it. Successful housing market reforms will require reconsidering the risk factors in mortgage default, including energy costs.” The study’s authors recommend that Congress might even consider requiring an energy audit or rating as part of the mortgage underwriting process, given the study’s findings. Source: UNC Center for Community Capital and Institute for Market Transformation